Inflation got me thinking about my gold stack, anyone else?

Donald Nelson

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Inflation got me thinking about my gold stack, anyone else?

donald_nelson💎Premium (500k-1m)

3 months ago

Key Takeaways

•Watching these inflation numbers come out last week got me feeling a certain way.
•Been retired from the auto industry here in Detroit for a few years now, and I’ve seen enough ups and downs to know when to pay attention.
•But this run-up feels different.

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Watching these inflation numbers come out last week got me feeling a certain way. Been retired from the auto industry here in Detroit for a few years now, and I’ve seen enough ups and downs to know when to pay attention. My gold holdings, which are a good chunk of my portfolio, probably sitting somewhere in the $700k range right now, have always been my main hedge against this kind of thing. I started piling into precious metals over 20 years ago, mostly physical gold, partially because of a gut feeling and partially because my old man always said a dollar ain't worth a damn in a crisis. He wasn't wrong.

But this run-up feels different. It's not just the usual cycle stuff. Everything from groceries to gas feels like it's getting eaten alive. My pension is stable, thankfully, but even still, I'm watching my purchasing power just shrink. I remember thinking 'what if' back in ‘08, but even then, it didn't feel as pervasive across the economy. Gold did its job then, climbed nicely, and gave me some peace of mind. Now, it feels like we're settling into a new normal of higher prices, and that makes me wonder if gold's typical "inflation hedge" status is going to be enough.

My question for you all, especially those of you with significant gold exposure – are you feeling the urge to add more? I’ve been debating if I should reallocate some of my other investments into physical gold or maybe even some of the more liquid gold ETFs. I know the mainstream financial advice is usually diversification, but sometimes I feel like the best diversification is just more of what works when everything else is shaking. Anyone else in a similar boat, feeling the call to fortify their gold position against this seemingly relentless inflation?

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12 comments

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Best Answer▲ 19 upvotes

linda_taylor📊Growing (50-100k)

I keep going back and forth between gold and silver allocations. The gold-to-silver ratio right now is making silver look attractive.

Comments (12)

michael_anderson🏆Advanced (250-500k)Real Investor•3 months ago

Dude, preach! Seriously, I was just having this exact conversation with my brother. My silver stack (not quite gold, but still) used to feel like "insurance" and now I'm looking at it like, "okay, maybe this is going to be more than just a rainy day fund." The economic jitters are real right now, and it's making me re-evaluate everything.

thomas_walker🏆Advanced (250-500k)Real Investor✓ Verified•3 months ago

Totally feel this. The inflation numbers lately are wild. Quick question for you, OP: when you say "a good chunk of my portfolio," are we talking just physical gold, or do you also have some gold ETFs or mining stocks mixed in? Just curious about your overall strategy with it.

catherine_bell🏆Advanced (250-500k)Real Investor•3 months ago

Totally get the concern about inflation, especially with those numbers lately. It's smart to be looking at your gold stack. But sometimes I wonder if we're all a bit too quick to assume gold is the only answer, or even the *best* answer, for inflation protection. Sure, it's a classic hedge, but other assets have performed pretty well too, and sometimes even better depending on the specific inflationary environment. Just something to consider alongside the traditional wisdom!

elizabeth_johnson💰Established (100-250k)Real Investor✓ Verified•9 days ago

Been looking into this myself — the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?

william_davis💎Premium (500k-1m)Real Investor•9 days ago

Ngl I came here expecting the usual affiliate spam but the discussions are actually decent. Way better info than what I was getting from my old advisor.

karen_robinson💼Starter (0-50k)•9 days ago

Been looking into this myself — the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?

jennifer_martinez💰Established (100-250k)Real Investor✓ Verified•9 days ago

Been looking into this myself — the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?

thomas_walker🏆Advanced (250-500k)Real Investor✓ Verified•9 days ago

Genuinely curious — has anyone here actually tried to liquidate from their gold IRA? How smooth was that process?

joseph_harris📊Growing (50-100k)•9 days ago

I was pretty skeptical about another gold IRA forum but the tools here on GIRAB actually surprised me — the calculator alone saved me hours of spreadsheet work.

kenneth_parker💎Premium (500k-1m)Real Investor✓ Verified•9 days ago

Been looking into this myself — the fees on some of these custodians are wild. Anyone found one that doesn't gouge you?

linda_taylor📊Growing (50-100k)✓ Verified•9 days ago

I keep going back and forth between gold and silver allocations. The gold-to-silver ratio right now is making silver look attractive.

timothy_reed💎Premium (500k-1m)Real Investor•9 days ago

I was pretty skeptical about another gold IRA forum but the tools here on GIRAB actually surprised me — the calculator alone saved me hours of spreadsheet work.

The biggest mistake retirees make with their 401(k)

Most people don't diversify until after a crash. Get the free guide and protect your nest egg.

Under $100k? Compare options →